Post
Topic
Board Trading Discussion
Re: what makes a good trader?
by
Josefjix
on 24/07/2025, 21:58:25 UTC
                   
3) Psychology - You need to learn, understand and be able to apply trading psychology 24/7.
                                          There are some individuals—psychiatrists and seasoned minds—who offer teachings in this domain.
                                          ex : Rande Howell - Tom hougaard - brett steenbarger
                                          They all run YouTube channels.
What I strongly believed is that, the least things are the most important things to look out for. Everyone keeps saying money management is the most effective, but mental health is everything. It takes a perfect mental health to control emotions, losses, and gains, when the mental status of a trader is unstable, every profits gained will be ruined as he lacks a strong mental ability to diversify his income, knows when to play more, knows when to stop, knows how much to keep for other investment and savings.

All these are controlled by perfect mental orderliness.